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Two Longtime Directors Retire from BDC Board After 35 Years of Service

Two long-serving directors of the Board of Directors of Business Development Corporation (BDC) are retiring after 35 years of combined service to the commercial lending company.

The retiring directors are:

  • Marc H. Johnson, Atlanta-based Director of the Credit Resolution Group, First Citizens Bank, 11 consecutive years on the BDC board
  • Charles A. Kirby, President/CEO of Congaree State Bank in West Columbia, 24 years on the BDC board and BDC loan committee

"These banking veterans have provided 35 years combined of expert counsel and guidance to entrepreneurs and enterprises of all sizes seeking the best options for financing their operations and their futures," said Edwin O. Lesley, President and CEO of BDC. "We appreciate all they have done for BDC and I look forward to continuing to draw on their expertise professionally and enjoying the friendships we've developed over the years."

BDC is a non-bank commercial lending company specializing in the U.S. Small Business Administration's 7(a) loan guaranty program and the State Small Business Credit Initiative (SSBCI). Created by the South Carolina Legislature in 1958 to help foster economic development and job creation, the BDC's board includes many of the state's leading community and commercial bankers.

Marc H. Johnson

Marc H. Johnson

Charles A. Kirby

Charles A. Kirby